#layoffs

Posts mentioning hashtag #layoffs

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The math ain’t mathing

https://www.thestreet.com/technology/comcast-layoffs-multiple-states-customer-losses

This article is poorly written, and directionally seems to blame those laid off recently.

But it also reveals some numbers that may be more accurate than the “Comcast” math lately. For example, it claims 634 employees cut at CTC alone, not both towers, and claims about 7500 telecom employee layoffs per CGC, but mentions counts just 1 paragraph before that which I estimated at least 10k.

The headline alone is infuriating “Comcast sends wake-up call to employees as customers cut services” which makes it sound like we have any control over these decisions.


630 - Jersey City

https://www.nj.com/business/2026/11/nj-bank-announces-more-layoffs-as-job-cuts-top-630-this-year.html

what people are reporting about layoffs:

  • layoffs in jersey city are scheduled between october 30 & jan 24, 2027.
  • employees affected by the latest round were notified last week.
  • JC getting hit repeatedly
  • layoffs depend more on the line of business than the office location.
  • addt'l cuts across multiple locations, including the west coast, but smaller layoffs (no media coverage)
  • warn notices show mostly jersey city cuts, with a smaller round in plano, texas.

so we continu cutting jobs despite reporting record $$$ results.

uncertainty continues.

peace out.


Return equipment?

I got laid off last week, like most of my team. I was 100% remote and don't have a hub or big office or anything (other than branch stores) anywhere near me. How do I return my equipment? None of the paperwork or emails I've received have said anything about it. I'd call my former boss, but she also got laid off! I don't have the contact info for her former boss, and who knows if he's still around since our entire hierarchy was restructured. I know if I just keep everything it can cause me to lose severance, but they gave me no guidance!


If Comcast announced $1B in cuts and only 1,000 jobs have been eliminated so far, are more layoffs coming?

Assuming an average annual cost of $125,000 per employee, factoring in the mix of SVPs, VPs, Directors, Senior Managers, and the company’s cost of benefits, $1 billion in savings would translate to approximately 8,000 positions.

If only 1,000 employees have been impacted so far, that would account for roughly $125 million, or just 12.5% of the announced cuts.

I realize the $1 billion in cost reductions may include expenses beyond payroll, but if a significant portion is coming from workforce reductions, wouldn’t that suggest this first wave of layoffs is just the tip of the iceberg?

Am I missing something?


New Owner to Close New French Bakery Sites

FGF Brands, a Canadian company, has purchased New French Bakery. The new owner plans to close both Minneapolis facilities. This action will result in over 160 employees losing their jobs. Employees will receive a 60-day notice before the closures begin. The company stated it is committed to supporting affected workers.

Minneapolis, Minnesota

https://bringmethenews.com/minnesota-business/new-owner-to-shutter-new-french-bakery-plants-in-minneapolis-lay-off-over-160


Dakkota Detroit Plant Closing Due to Contract Loss

Dakkota Integrated Systems will close its Detroit plant, resulting in 397 layoffs. The closure is attributed to the loss of contracts for instrument panels for the Jeep Grand Cherokee and Dodge Durango. The plant's shutdown will occur in two phases, with the first round of layoffs impacting 205 employees at the end of 2026. A second phase will eliminate another 192 jobs by March 2027. This decision highlights the vulnerability of suppliers tied to specific automotive contracts.

Detroit, Michigan

https://moparinsiders.com/dakkota-loses-stellantis-work-will-close-detroit-plant/


ADAC Automotive Shuts Michigan Plant

ADAC Automotive will close its Saranac facility on June 30, 2027. This closure will result in layoffs for 87 employees and 10 contract positions. The company cited significant industry transformations and changing customer demands as reasons for the decision. Some affected employees may be offered relocation to other ADAC production sites. Operations will be phased out gradually over the next few months.

Saranac, Michigan

https://www.wzzm13.com/article/news/local/adac-automotive-to-close-saranac-facility-in-june/69-488ecd73-1499-401d-9753-970864d880e8


Arizona Employers Announce Significant Job Cuts

Several Arizona businesses have initiated substantial workforce reductions. The Phoenix Symphony is ending its season prematurely, leading to potential musician layoffs. Chronicle Heritage, an archaeology firm, is closing its Phoenix operations and laying off 108 employees. Pharmaceutical technology company AssistRx is also reducing its Tempe workforce by 107 individuals. Additionally, Grunt Style is closing its Chandler store, impacting nine employees.

Phoenix, Arizona

https://www.sacbee.com/news/nation-world/national/article317871253.html


GEICO Eliminates Florida Jobs

GEICO has announced job cuts impacting its Florida operations. The insurance company is reducing its workforce by 114 positions. These layoffs specifically affect the personal injury protection division. The affected employees are located in Florida. This action comes as part of a broader operational adjustment.

Tampa, Florida

https://www.bizjournals.com/tampabay/news/2026/11/02/geico-plans-layoffs-in-lakeland-legal.html


Silverton Mortgage Cuts Staff Post-Acquisition

Silverton Mortgage is implementing layoffs following its integration with a larger homebuilder. This move is a direct consequence of the acquisition by Taylor Morrison, a company that also provides financial services. The affected positions are being eliminated as part of this strategic consolidation. This integration aims to streamline operations and leverage combined resources. The company is undergoing significant changes after the deal.

Atlanta, Georgia

https://www.bizjournals.com/atlanta/news/2026/11/02/silverton-mortgage-job-cuts-atlanta.html


Dexter Axle Shuts Elkhart Plant, Cuts Jobs

Dexter Axle will close its Elkhart, Indiana facility. This closure will result in the layoff of 51 employees. Operations will be consolidated into other Indiana locations. The layoffs are scheduled to begin at the end of December. No affected employees are part of a union.

Elkhart, Indiana

https://www.truckpartsandservice.com/workforce/article/16274645/dexter-axle-to-close-elkhart-plant-and-shift-production


Berry Farms Closing, Hundreds Laid Off

SoCal Berry Growers will close six farms in Ventura County in January. This closure will result in nearly 600 workers losing their jobs. The affected farms are involved in organic strawberry operations. The company has not provided a reason for the closures. Operations are scheduled to cease at the end of the year.

Ventura, California

https://www.vcstar.com/picture-gallery/money/business/2026/11/03/see-workers-harvest-berries-at-ventura-oxnard-farms-set-to-close/92578193007/


Historical Society Staff Dismissed Amid Restructuring

The Bar Harbor Historical Society has terminated its entire staff, citing financial concerns and a need for organizational restructuring. Board members informed the staff of the decision on October 28th, with some positions ending immediately and others on November 9th. Former employees expressed shock and worry about the impact on their families and the community's access to historical resources. The board stated this was a difficult but necessary business decision to strengthen the organization for the future. They plan to reassess operations and staffing needs for 2027.

https://barharborstory.com/2026/11/03/bar-harbor-historical-society-board-eliminates-all-staff-positions/

Bar Harbor, Maine


US Job Openings Surge, Layoffs Plummet

US job openings unexpectedly rose in September to a four-month high, indicating stronger employer demand. Layoffs also decreased to their lowest point in over a year. The number of available positions increased significantly, surpassing economist expectations. The quits rate, reflecting voluntary job departures, also climbed to its highest level in over a year. These trends suggest a resilient labor market with increasing employer confidence.

Washington, D.C.

http://www.staffingindustry.com/news/global-daily-news/us-job-openings-jump-to-4-month-high-layoffs-decline


Updates

Full disclosure. I was let go with project star a few years ago. Used to check the site from time to time. Just stumbled back across it. Curious. Has much changed at Truist? How are things there now? I was mad when let go but landed and make a lot more money now than I ever did at Truist and am much happier. Curious about those who stayed behind or soldier on.


Fiserv cuts 3,000 employees and contractor jobs under new CEO

Nov 3 (Reuters) - Fiserv has cut its employee and contractor base by ​3,000 since June, including a ‌reduction of senior management by more than 10%.

https://www.reuters.com/business/world-at-work/fiserv-cuts-3000-employees-contractor-jobs-under-new-ceo-2026-11-03/